Waterstone South Medical Outparcels

Investment Overview

The Waterstone South Medical Office Outparcels represent a rare opportunity in Hillsborough’s rapidly expanding healthcare corridor. Totaling 11.42 acres across two parcels, the sites sit directly adjacent to the UNC Hospitals Hillsborough Campus, offering unmatched proximity for healthcare-related development. With medical services representing the largest employment sector in Hillsborough and Durham Technical Community College located just across the street, the properties are positioned at the center of an established and growing healthcare ecosystem.

Investment Highlights

• Two parcels totaling 11.42 acres: 9.61 acres (PIN 9873423183) + 1.81 acres (PIN: 9873520371)
• Zoning: Planned Development - Conditional Zoning
• UNC Adjacency Advantage: Directly borders UNC Hospitals Hillsborough Campus
• Ideal for outpatient facilities, specialty practices, or provider overflow
• Potential alignment with UNC Health’s long-term growth strategy
• COMBINED OFFERING (11.42 acres): $5,120,000
• PARCEL 1 (9.61 acres): $3,370,000 ($350,000/acre)
• PARCEL 2 (1.81 acres): $1,750,000 ($966,850/acre)